ECO 300 Quiz 2 (The Univeristy of North Carolina at Greensboro)
The International Bank for Reconstruction and Development was originally founded with the purpose of
The defining characteristic of international currency exchange markets prior to World War I was that they were
An exchange rate crisis occurs when a country is unable to
A banking crisis occurs when the bank system is unable to perform its primary function of providing
According to the IMF website, all of the following are principal types of work the IMF carries out except
According to the IMF website, membership in the organization has grown from to countries between 1945 and 2005.
According to the World Bank website, the focus of the International Development Association is
One of the purposes of the modern IMF is:
The primary purpose of the International Monetary Fund when it was first established was:
The "Lost Decade" refers to which of the following financial crises?
The risk of a financial crisis at the nation-state level would be increased by all of the following except:
Public goods are
Because of _________ private markets tend to underproduce the optimal quantity of public goods.
In GATT/WTO speak, a safeguard is
One of the most significant new members of the WTO is
Since the emergence of the GATT, tariff rates among member nations have
The GATS sub-section of the WTO primarily deals with
The GATT was founded
The GATT was transformed into the WTO during the ___________ round ot trade negotiations.
The WTO currently includes roughly ______ member nations
The most most recent attempted round of trade negotiations is the _________ round.
The overriding theme of the Doha round of trade negotiations is/was
The tariff policies in the 1930's that contributed to the environment that lead to war and prolonged economic downturn are sometimes refered to as
The founding fundamental principles behind the GATT/WTO are
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